Analog Devices Acquires Laser Beam Steering Technology from Vescent Photonics to Enable Mainstream Adoption of Automotive LIDAR Systems
Kazu Komoto for ReadWrite: The robotic industries have been one of the hottest topics worldwide since there has been progressing from the traditional manufacturing applications to the non-manufacturing applications such as service industry. Like other industries, startups in US Bay Area cover the whole area of the San Francisco-Silicon Valley has led the innovation. You have heard Savioke developing a butler robot for the hotel industry, Fetch Robotics developing a picking and transport robot for logistics that is also well known as Softbank has invested, and Suitable Technologies which has created a telepresence market.
In such robotics community in Bay Area, a group which has been recognized and respected is Willow Garage. There is a common point that all founders of companies mentioned above used to work for Willow Garage. Today, we are going to have a close look at Willow Garage, which is said: “Willow Garage in robotics industry is something like Bell Labs and Xerox Parc in the personal computer industry.” Cont'd...
The Star: Chinese appliances giant Midea moved a step closer to fulfilling its ambition to acquire German industrial robotics firm Kuka with two weekend deals raising its stake to nearly a majority.
Two of Kuka’s biggest German shareholders – technology company Voith and entrepreneur Friedhelm Loh – said they had decided to take up Midea’s offer of €115 (RM512) per share and sell their stakes.
German news agency DPA reported that Voith had agreed to sell its stake of 25.1% for €1.2bil (RM5.34bil).
And Loh told the business daily Handelsblatt he had decided to sell his stake of 10% for nearly €500mil (RM2.22bil).
Combined with its existing holding of 13.5% in Kuka, the two purchases mean Midea now holds 48.5%, or not far from the outright majority, in the Augsburg-based robot builder. Cont'd...
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